South Bow (SOBO) Prepaid Assets (2023 - 2026)
South Bow (SOBO) posted Prepaid Assets of $356 million for Q3 2026, down 41.1% from $604 million a year earlier and down 25.7% from the prior quarter.
South Bow (SOBO) Prepaid Assets (2023 - 2026) Analysis & Trends
At the end of FY2025, South Bow's Prepaid Assets came in at $259 million, down 24.0% from FY2024.
- In prior years, South Bow's Prepaid Assets was $341 million in FY2024 (-47.0%) and $644 million in FY2023.
- Quarterly Prepaid Assets has run from a low of $259 million in Q4 2025 to a high of $644 million in Q4 2023 over five years.
- On a year-over-year basis, Prepaid Assets increased in 1 of the last five quarters, with an average decline of 23.6%.
- According to Business Quant data, Prepaid Assets for the three prior quarters was $479 million (Q2 2026), $409 million (Q1 2026) and $259 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn |
| 10 | South Bow | 6.47 Bn | 4.03 Bn | 407.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 356.00 Mn |
| Jun 30, 2026 | 479.00 Mn |
| Mar 31, 2026 | 409.00 Mn |
| Dec 31, 2025 | 259.00 Mn |
| Sep 30, 2025 | 604.00 Mn |
| Jun 30, 2025 | 556.00 Mn |
| Mar 31, 2025 | 379.00 Mn |
| Dec 31, 2024 | 341.00 Mn |
| Dec 31, 2023 | 644.00 Mn |
South Bow Prepaid Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=prepaid-assets&ticker=SOBO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "ticker": "SOBO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=prepaid-assets&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();